10 tháng Tám 2022, GBP/USD
Technical observation
Since it bounced within the zone 1.2636-1.2579, GBP has been declining steadily and as long as it is sustained below the same zone I expect a continuation of this bearish movement towards the supportive level 1.1410 followed by either a clear break below it or a rejection at it. If you are currently holding short positions on the weekly chart above, I would recommend that you remain in the trade with your take profit at 1.1410 and stop-loss at 1.2973. Should there be a clear penetration below the level 1.1410 with a big red candle, you can expect the value of GBP to plummet further after a correction to the broken line.
Trade recommendation
Remain short with your take profit at 1.1410.
en 
id 
ar 
ru 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 